Lenovo Releases FY 2024/25 ESG Report, Showcasing Measurable Progress and Industry Leadership
Lenovo released its FY 2024/25 Environmental, Social, and Governance (ESG) Report, detailing the company's progress toward its 2030 emissions reduction targets and reaffirming its long-term ambition to achieve net-zero greenhouse gas emissions by 2050, aligned to the Science Based Targets initiative. As the first generation of ESG key performance indicators approaches completion, Lenovo remains on track across many key objectives, making this year a pivotal moment in its sustainability journey.
The report outlines how Lenovo is accelerating environmental progress through its participation in the circular economy, including the continued use of closed-loop recycled materials in its products. Lenovo also continues to empower customers with sustainability services that facilitate repair, recycling, and reuse, helping extend product lifecycles and keeping materials in circulation.
This year's report reflects a growing recognition of Lenovo's efforts, with the company earning Platinum Recognition from EcoVadis, an AAA rating from MSCI ESG Ratings, and the Gold Award from the Hong Kong Institute of Certified Public Accountants (HKICPA) for Best Corporate Governance and ESG. Additionally, Lenovo was recently ranked #8 in Gartner's Top 25 Global Supply Chain, with an ESG Score of 9/10. These achievements underscore Lenovo's commitment to transparent, credible progress.
Lenovo's social impact continues to scale globally. In 2024, it was again named a Best Workplace for People with Disabilities by Disability:IN in the United States, while expanding this recognition to the United Kingdom and Brazil through the global application of best practices. The company's commitment to community engagement was also evident during its annual Love on Month of Service, which saw a record-breaking 44% increase in people reached through volunteerism by Lenovo employees around the world.
'This year marks a significant milestone for Lenovo's ESG journey,' said Dave Carroll, Lenovo SVP, Chief Legal Officer and Corporate Responsibility Officer, who succeeded Laura Quatela in March 2025. 'With our first generation of key performance indicators nearing completion, we're proud of the progress we've made and are focused on building the foundation for our next chapter of ESG leadership.'
In governance, Lenovo continues to reinforce its Smarter AI for All vision through a strengthened internal policy framework. In 2024, the company introduced a comprehensive AI governance policy aligned with commitments made to the Canadian Government, UNESCO, Cercle InterL, and most recently the European Commission. This follows the appointment of Doug Fisher who added Chief AI Officer to his Chief Security Officer role, further embedding responsible innovation across the business.
Looking ahead, Lenovo remains committed to a collaborative and credible approach to ESG. Through partnerships with customers and suppliers —such as those engaged through the Lenovo 360 Circle —the company is advancing a shared vision for a more sustainable and inclusive future.
To read the full Lenovo FY 2024/25 ESG Report, visit this website.
About Lenovo
Lenovo is a US$69 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world's largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo's continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.
Visit 3BL Media to see more multimedia and stories from Lenovo
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gizmodo
4 hours ago
- Gizmodo
Lenovo's Legion Go S With SteamOS Is the Only Real Alternative to a Steam Deck
For the last several years, most of us thinking about buying a handheld PC have heard the refrain 'just get a Steam Deck.' The reasons are two-fold: one, the OLED version at $550 is the cheapest of its class, and two, it's so damned easy to use thanks to SteamOS. No other company has come close to offering similar bang for the buck—until now. At $600, Lenovo's Legion Go S with SteamOS is a superior handheld for on-the-go gaming compared to the Windows version released earlier this year, which felt compromised because of Microsoft's desktop operating system. Lenovo also sells an $830 model with a better chip that may seem more enticing, but as you'll see in this review, you shouldn't feel bad about choosing to go cheaper. Lenovo Legion Go S with SteamOS The Lenovo Legion Go S is the only other handheld that comes with SteamOS out of the box, and it's so much better for it. Pros Cons The Legion Go S is a side-grade from the Lenovo Legion Go from 2023. It still has an 8-inch display, but it's a single-body design that doesn't sport the Legion Go's two detachable controllers ala the Nintendo Switch 2. As comfortable as it was, Windows combined with poor performance drastically hampered what it could be. I could tell from the jump that, at $730, it was relatively overpriced and underpowered—a real 'just get a Steam Deck' device. The new version is cheaper and comes with SteamOS, the same small screen-friendly Linux-based operating system made by Valve. I tested the $600 Legion Go S with SteamOS in a beautiful deep 'nebula nocturne' purple color that reminds me of the goth kid I wish I was in high school. It comes with a Ryzen Z2 Go processor, 16GB of RAM, and 512GB of storage. That's $50 more than a Steam Deck OLED with the same 512 GB storage capacity. Valve's $400 Steam Deck LCD is the cheapest of its kind, though it comes with only 256GB of storage. The more powerful Legion Go S with SteamOS, powered by an AMD Ryzen Z1 Extreme processor and 32GB of LPDDR5X-6400 RAM, is close to what you might pay for an Asus ROG Ally X, which boasts a better battery life though slightly worse ergonomics. I have not tested this model, though. For shits and giggles, I grabbed the $730 white Windows-powered Legion Go S sent to me earlier this year and installed SteamOS on it to see what happens when you add more RAM to the mix, but I didn't experience a significant jump in performance between games. The Ryzen Z2 Go is the lower-power APU, or 'accelerated processing unit,' designed specifically for the cheaper-end Legion Go S models. Both the Ryzen Z1 Extreme and Z2 Go are a type of processor that combines the capabilities of a CPU and a GPU, or graphics processor. The Z2 Go is running on AMD's older Zen 3+ microarchitecture and has half the number of cores as the Z1 Extreme running on Zen 4. Either way, all Legion Go S models share the same IPS LCD display with a max resolution of 1,920×1,200. It doesn't support the deep blacks and contrast of the OLED panel on a Steam Deck, but it's still bright enough for playing indoors or outside. The larger display resolution can eat into performance with fewer GPU cores and less RAM. Few gamers want to drop their resolution specs lower than their display's max for the sake of performance, so the juggling act of in-game performance settings becomes that much more finicky. The important thing is whether the device can achieve a happy medium between playable frame rates and pretty graphics. In my experience, the Z2 Go with SteamOS can achieve a good equilibrium to play some intensive games, and it's so much better thanks to the Valve-made operating system. I conducted multiple rounds of tests with each Legion Go S plugged in and running at 30W. I set games to the max resolution they could. Both devices can hit 40W of TDP, aka thermal design power, which provides more power to the chip to help them eke out more frames from each game. Still, you likely won't play with higher power unless you plan to keep close to an electrical outlet. Overall, the Legion Go S with a Z2 Go outperformed the same hardware with Windows. Across games like Control and Baldur's Gate III, I saw a performance increase of close to 10 fps after I installed SteamOS. Cyberpunk 2077 at 1200p went from hitting 27 fps in benchmarks to netting nearly 40 fps. Windows introduces a host of background tasks that slow down performance, whereas svelte SteamOS doesn't have that problem. See at Best Buy Comparing the Legion Go S to the Steam Deck's custom AMD APU, Lenovo's SteamOS-powered device has an easy edge thanks to its wider range of TDP beyond the max 15W on Valve's device. With the higher degree of versatility, I could hit the same frame rates at 1200p versus 800p on the Steam Deck across several games, whether they were older, less intensive titles like Weird West or Hades II. In Monster Hunter Wilds benchmarks, the Legion Go S with Z2 Go at 1200p and 30 TDP managed to top the Steam Deck at 800p by a few frames. Of course, doubling the wattage will also affect battery life. If you want to play your games at their best, at the max resolution and graphics setting the system can handle, you'll get less than two hours of playtime. That's not much less than a Steam Deck at half the TDP, but the end result is that you'll need to have a charger handy or else limit your play sessions. SteamOS offers better frame rates than Windows, and if that wasn't enough, it's so much easier to use. Games are easier to download and faster to load, especially when they're built for Steam Deck and limit the number of extra launchers you need to click through. Unfortunately, the experience between playing on Steam Deck and SteamOS on third-party devices is not one-to-one. The big difference is how Valve calculates whether a game is 'SteamOS Compatible' versus 'Steam Deck Verified.' While Valve will determine whether a game can run at playable frame rates on a Steam Deck, it will only label whether a game is technically compatible on the Legion Go S. That means you may install a game expecting it to run well but find you can't even control it with thumbsticks. I managed to install my go-to apps on Steam Deck to the Legion Go S. This included Decky Loader for plugins like Junk Store, which offers easier access to my Epic Games library than going through the trouble of installing Heroic Launcher. I also managed to get EmuDeck operational, which means I could port all my retro games to the new system without any fuss. Did I miss access to apps like Razer Cortex as my preferred way to do PC-to-handheld streaming? Yes, but I would trade access to every Windows app for a clean UI without a second thought. When I'm not worried about popups asking me to sign in to OneDrive or dreading what will happen when I dare put the device to sleep while in-game, I can instead focus on playing my games at their best. In every way, the Legion Go S can become a Steam Deck, but there are still some major considerations if you're trying to decide between the two. For one, the Steam Deck OLED is lighter at 640g, or 1.41 pounds, versus Lenovo's 740g, or 1.6 pounds. That doesn't sound like much until you're feeling the strain in your arms after an extended play session sprawled out on your bed. The Legion Go S has slightly better ergonomics, but either device conforms to the hands better than most other similar devices on the market. What is missing from Lenovo's design are the Steam Deck's two trackpads. Those haptic trackpads add a surprising amount of versatility in some games, especially in CRPGs or strategy games like Tactical Breach Wizards. The minuscule trackpad on the Legion Go S didn't even seem to work out of the box. I had such a bad experience with it on the Windows version—with it vibrating like a rabbit dipped into a freezing-cold lake—I wasn't keen to fix it. I would also give the edge in audio quality to the Steam Deck for clear sound, but the Legion Go S' twin 2W speakers offer enough clarity that I didn't immediately feel the need to reach for a pair of headphones. I did experience odd audio bugs with my review unit that led to crackling when in-game, though it was inconsistent, and it wasn't present on the older model even after I installed SteamOS. The real distinction between Lenovo's and Valve's handhelds is the screen. You get close to 8 inches of real estate on the Legion Go S and a higher max resolution, but it's still LCD. If I have both screens sitting side-by-side, I can't help but gravitate toward the device with better contrast and those ever-touted 'inky' blacks. So the Legion Go S is currently your only out-of-the-box Steam Deck alternative, and that alone makes it worth your time, especially if you don't feel like loading an OS other than Windows. That being said, this year's future slate of handhelds is getting more interesting. We've yet to see any devices launch with AMD's Ryzen Z2 Extreme chip, but we know they're coming from companies like MSI, Asus, and Lenovo themselves. The other big consideration is how Microsoft can finally make its OS workable on a 7-inch display with the upcoming ROG Xbox Ally. That upcoming handheld will potentially mark a turning point with Windows gaming, not just in performance but overall usability. If you want a handheld now, go with either the Legion Go S or Steam Deck. Either would serve you well. If you're still on the fence, you should wait to see what the future holds. See at Best Buy
Business Insider
11 hours ago
- Business Insider
CFRA downgrades Fox (FOXA) to a Hold
CFRA analyst Ken Leon downgraded Fox (FOXA – Research Report) to a Hold today and set a price target of $59.00. The company's shares closed today at $56.79. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Leon is a 5-star analyst with an average return of 15.7% and a 71.13% success rate. Leon covers the Financial sector, focusing on stocks such as Bank of America, JPMorgan Chase, and State Street. Fox has an analyst consensus of Moderate Buy, with a price target consensus of $58.07. Based on Fox's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.37 billion and a net profit of $346 million. In comparison, last year the company earned a revenue of $3.45 billion and had a net profit of $666 million
Forbes
13 hours ago
- Forbes
What's Holding Back Sustainable Business? The Challenges That Matter Most
The race to a sustainable future is on In the next five years, an entire generation of 2030 sustainability goals will finally come due. ESG reports and shareholder letters alike are soon going to face their biggest reckoning yet: will all the lofty promises translate into real progress? Early signs suggest the answer will be sobering. While ambition has soared, actual outcomes have continued to lag stubbornly behind. The reality is not that business leaders lack the will, rather, it's that the pathways to sustainability are far murkier, slower, and more difficult than anyone knew, or perhaps wanted to admit. For many organizations, the past few years have revealed a brutal truth: good intentions alone are not enough. Across industries, leaders are confronting the growing reality that sustainable business challenges run deeper than public promises and ESG reports might suggest. Without the right goals, infrastructure, and incentives, sustainability efforts either stall or end up serving more as marketing than meaning. The subtle forces working against sustainability are often invisible at first: misaligned incentives, fragile infrastructure, and underpriced risk. It's time we look at them more clearly if we want to build companies that can genuinely claim to have moved the world forward. The Importance of Aligning Goals With Real-World Sustainability Execution At the heart of any real change is leadership that understands both the limits of today and the possibilities of tomorrow. Kenn Ricci, founder of Flexjet, is an executive who strives to embody both while also running a business in one of the more challenging industries to be sustainable in, aviation. As he explains it, Ricci's sustainability philosophy doesn't fall into the trap of setting goals that look good but collapse under operational scrutiny. Instead, he focuses on what could become possible with enough pressure and patience, and then works to build the conditions to achieve it, whether it is to further sustainability across his fleet of jets or simply managing the day-to-day operations at the back office. 'When you lead people, you can't just say, 'This is where we're going,'' Ricci explains. 'You have to build a path under their feet, step by step, that makes it believable and doable. Otherwise, it's just a dream. Worse yet, it might be just your dream, and never become theirs.' At Flexjet, Ricci has consistently pursued operational improvements that align with larger sustainability aims, but without forcing the business to lurch into goals it cannot yet support. He argues that trust, not slogans, is what sustains long-term change. 'Sustainability isn't a checkbox even if some still treat it as such,' Ricci continues. 'It's an ongoing negotiation between ambition and reality. The leaders who win are the ones who never let go of either side.' His pragmatic optimism stands in stark contrast to much of the corporate world, where sustainability targets are often designed by communications departments rather than operational leaders. And herein lies the first reason why we haven't seen as much progress on ESG goals as we would have wanted. For far too many companies, sustainability has not been a metric that they have actively led with themselves. Ricci puts it bluntly: 'Sustainability has to be a steering wheel, not a rearview mirror. If you're just reporting it, you're already too late. And the leaders have to be the ones with both hands on it, not just the sustainability or comms team.' He's also keenly aware that true leadership requires putting real capital behind sustainable change, not just political or reputational capital, but operational resources that can withstand market cycles. 'Anyone can make promises when the sun is shining,' Ricci says. 'The question is what you stick to when the headwinds come. That's where real commitment shows.' Why Sustainability Depends on Infrastructure: Lessons From Aviation and Energy If setting the right goals is the first battle, building the right infrastructure is the war. Kennedy Ricci, CEO of 4AIR and son of Kenn Ricci, has spent his career focusing precisely on this frontier. His company offers a certification program for aviation's environmental impact, not by promising zero emissions tomorrow, but by helping aviation stakeholders take verifiable, incremental steps today. 'A lot of people get paralyzed because they think the only good goal is net-zero tomorrow,' Kennedy Ricci explains. 'But if you can measure, track, and improve a little bit every day, that's how you actually get there.' 4AIR's approach doesn't pretend aviation can become clean overnight. Instead, it recognizes that building credibility today through offset programs, sustainable aviation fuels, and transparent reporting lays the groundwork for deeper decarbonization later. The company's rise is testament to the power of pragmatic ambition anchored by real-world execution. Kenn Ricci reflects on his son's growing success: 'Building an empire is one thing. Building a legacy that adapts to the future is something else entirely. I'm proud that Kennedy's taking on the harder challenge.' He continues, "We've always believed that real leadership isn't about announcing goals, it's about laying bricks, patiently, and getting others to walk the road with you. 4AIR is doing just that." Meanwhile, infrastructure challenges aren't limited to aviation. The broader energy ecosystem faces its own existential bottlenecks that a handful of companies are doing their best to break open for the rest of us. Deóis Ua Cearnaigh, CTO at Aeon Blue, a company specializing in energy transition technologies and sustainable fuel, emphasizes that sustainability isn't about simply adding more renewables into the grid. It's about fundamentally rethinking how the grid operates. 'It's wonderful that we have more wind and solar now,' says Cearnaigh. 'But you still need a spinning reserve for when the wind dies and the sun sets. If that reserve is fossil-powered, your emissions story isn't as clean as it looks.' Their bigger point is this: you can't just add renewables on top of a fragile or misaligned system and expect magic. Without reengineering grid storage, reserve capacity, and distribution models, the true sustainability gains remain elusive. Cearnaigh believes that while renewables will dominate the next twenty years, nuclear energy will inevitably rise as the long-term backbone for sustainable baseload power. 'The zeitgeist today is wind, solar, and geothermal,' he reflects. 'But it does also seem that nuclear is one inevitable destination as well.' Without grappling with these infrastructural realities, sustainability risks becoming a story we tell ourselves, not a future we actually live. This mindset mirrors the thinking of Brett Bouchy, CEO of Freedom Forever, a company deadset on revolutionizing residential solar. 'The solar revolution doesn't happen because people feel good about the environment,' Bouchy points out. 'It happens when saving money on your electricity bill is cheaper and easier than sticking to the grid.' Bouchy's laser focus on efficiency is another reminder that for sustainability to scale, it must compete not just morally, but economically. As Bouchy frames it, "We don't succeed by selling dreams. We succeed by selling better economics. And better economics drive real environmental change." He's blunt about the reality check the green economy still needs: "Nobody switches to solar because you guilt them into it. They switch because it's cheaper, easier, and works better. That's how you win hearts, wallets, and the future. And for that, you need the infrastructure to be in place, management to know what goals to drive towards, and an audience that is ready to trust what you are selling." Bouchy also sees a deeper, long-term opportunity that transcends energy bills: "Every home we upgrade is a client win, sure. But it's another node in a smarter, decentralized energy system. Sustainability isn't a utopian idea. It's the byproduct of millions of small, self-interested decisions that add up to a revolution." If only revolutions were easy, which is exactly why stories like the above are worthy of retelling. Companies that rise up to the challenge of sustainability cannot be taken for granted, simply because of how rare they still remain. That is particularly true for investments, which is the third missing pillar that is making 2030 feel further away than it should. Why Long-Term Investment Is the Missing Piece in Sustainability Strategy If setting the right goals is the first battle, and building the right infrastructure is the war, then making the right investments is the long campaign, often fought without fanfare, headlines, or even immediate returns. And it's here where sustainable business faces one of its most persistent barriers: the cruel mismatch between moral urgency and financial immediacy. Capital, by its nature, seeks returns. It rewards speed, liquidity, and demonstrable gains. But sustainability often demands patience, long arcs of investment, and a willingness to fund seeds that may only bear fruit decades from now. It asks us to invest in forests we may never personally walk through. Doing good, it turns out, is relatively easy. But doing good money, investments that compete at par with traditional, short-horizon opportunities, remains the real Everest to climb. This doesn't mean that the private sector is full of villains twirling their overgrown mustaches. It's simply important to recognize the system we've built and how it operates. Until the returns of sustainability become structurally competitive, whether through market shifts, regulatory frameworks, or pure innovation, capital will continue to flow where it always has: toward the short, the sure, the profitable and the now. The uncomfortable truth is that economics, not ethics, will be the final arbiter of the transition's speed, even if ethics gets to set the goal. And yet, there are signs of things shifting. Signs that smart leaders know: a world where customers demand sustainable products is fast approaching. A world where supply chains simply cannot function without green tech is not far behind. Companies who wait until the economics are easy will find that the customers, the talent, and the licenses to operate have already gone elsewhere. Which brings us to the handful of players quietly laying the groundwork. ENEOS, Japan's largest energy group, offers one instructive case. They are investing heavily in hydrogen transportation, synthetic fuels, battery recycling, and carbon capture, not because it makes perfect financial sense today, but because they know what survival will require tomorrow. 'There's no question the world needs cleaner energy,' an ENEOS representative explained in an interview. 'But if you exit fossil fuels too quickly, you leave markets in chaos, and ironically, you can make the transition slower, not faster.' The trick, as they frame it, is not to burn the bridges while crossing the river. Real transition demands continuity, not collapse. "You can't dismantle today's infrastructure before tomorrow's infrastructure is ready," added another ENEOS representative noted. 'The world is too interconnected for idealism alone. You need to build pathways people can actually walk.' This recognition, that reality, not rhetoric, is the substrate upon which change must be built, permeates the thinking of those who are keen to see sustainability truly take root today. Brett Bouchy, CEO of Freedom Forever, who is busy scaling residential solar across America, frames it in plain terms: 'You don't win by selling dreams. You win by selling better economics. If going solar isn't easier and cheaper than sticking with the grid, the revolution doesn't happen. Period.' It's a bracing, necessary reminder that narratives alone don't move markets. Incentives do. And this brings us full circle to the real challenge ahead: building an economy where sustainability isn't a premium add-on for the wealthy or the virtuous, it's the baseline expectation for everyone. In that future, "green" won't be a differentiator. Instead, it will simply be the cost of doing business. Those who invest today with that reality in mind, patient, practical, sometimes lonely, will be the ones best positioned when the forest finally blooms. And those who don't may find themselves, too late, standing outside the gates of a new economy that has no room left for yesterday's math.
